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Two new ISEQ companies

  • 07-12-2009 3:41pm
    #1
    Comordha
    Closed Accounts Posts: 562 ✭✭✭


    The Irish exploration companies, Conroy Diamonds and Gold plc and Karelian Diamond Resources plc, will begin trading this morning on IEX, the Irish Stock Exchange’s specialist market for smaller growth companies.

    Does anybody have any info on them?


Comments

  • #2
    Lexus1976
    Closed Accounts Posts: 702 ✭✭✭Lexus1976


    Comordha wrote: »
    The Irish exploration companies, Conroy Diamonds and Gold plc and Karelian Diamond Resources plc, will begin trading this morning on IEX, the Irish Stock Exchange’s specialist market for smaller growth companies.

    Does anybody have any info on them?

    Google News

    Conroy Diamonds
    http://news.google.ie/news/search?aq=f&pz=1&cf=all&ned=en_ie&hl=en&q=+Conroy+Diamonds


    Karelian Diamond Resources Plc
    http://news.google.ie/news/search?aq=f&pz=1&cf=all&ned=en_ie&hl=en&q=Karelian+Diamond+Resources


  • #3
    pirelli
    Registered Users, Registered Users 2 Posts: 2,876 ✭✭✭pirelli


    Hi Lexus1976

    This is what happened. Someone mentioned two new companies on the ISEQ,
    i opened the thread saw someone asking for information and Lexus76 you provided two links.

    I thanked you using the thumbs up and clicked the link. I opened the link. I then removed my thanks.

    Then i reconsidered it and thought actually that did make me laugh and it saved me typing it into google at some time. My thanks remains.

    So thank you Lexus76


  • #4
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    Two more penny stocks with no revenues or profits. I wouldn't even look at these unless I saw a lot of insider buying.

    For shíts and giggles I just took a look at the Karelian Diamonds annual report. It's good to see at least someone is doing well out of this gig, Richard Conroy doubled his salary last year. Drinks on you Dick, cheers :D


  • #5
    Smcgie
    Registered Users, Registered Users 2 Posts: 1,379 ✭✭✭Smcgie


    Ive been watching Conroy (no diamonds) & gold for sometime now. The mines are located about 3miles from my home.

    They are a total no-no investment at the minute. Check out their chart. They basically keep finding gold deposits but they never dig it up! I know two people that work for this company and have picked their brains several times, they basically have the attitude that the company will never have the capital to mine the gold and the whole thing is a ponzi scheme to keep a Professor in an big salary..Although he is taking this years salary in shares.

    Its the most boring share on my watch-list and to be honest the last i would ever invest in unless they got a farm out partner. It a WATCH for now, but be warned its a very very very slow mover.

    <edit> Also i contacted them several times for information through their website www.conroydimondsandgold.com (nice website) but they have never replied to one of my queries! Very poor from an investors perspective... I hope your reading this professor Conroy, if you are please get your finger out. :rolleyes:

    Ive also taken the time out to draw a quick diagram of their 1million year chart see below: (slight exaggeration but feels like it)


    IPO'd (1000 BC)--v
    l
    v
    (2009 AC)


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